Fast rising prices continued to plague the US economy last month, though a drop in petrol costs provided some relief.

The annual inflation rate fell to 8.3% in August.

That was down from 8.5% in July, marking the second month of decline.

But the costs of food, housing, and medical care continued to surge, disappointing economists expecting more widespread easing.

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Readers Bureau, Contributor

Edited by Jesus Chan

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